Single Households to Surpass 5 Million

      August 17, 2015 11:41

      The number of one-person households will surpass the five-million mark for the first time this year, and 20 years from now one in three households will be one person.

      According to a report by the Hyundai Research Institute on Sunday, the number of one-person households will reach 5.06 million this year. It stood at only 2.26 million in 2000 or 15.6 percent of the total and has been rising steeply ever since.

      This year, single households are expected to make up a whopping 26.5 percent or more than a quarter of all households.

      At this rate, one-person households are expected to reach 7.63 million or 34.3 percent by 2035.

      By age group, people over 60 still account for the highest proportion of single households at 34 percent, followed by people in their 30s (17.3 percent), 20s (16.9 percent) and 40s (14.5 percent).

      Women made up 69 percent last year, up from 66.1 percent in 2010. The main reason seems to be that many women choose to marry later.

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